Table of contents
Planet
1.1 Climate Action Schréder has been monitoring its corporate greenhouse gas (GHG) emissions since 2018. From the outset, the company’s carbon accounting framework has been aligned with the GHG Protocol. This long-standing approach ensures the consistency, transparency and comparability of our emissions data across Scope 1, 2 and 3 categories. Following the validation of our Science Based Targets, we have achieved substantial reductions in emissions across all three scopes, reflecting the effectiveness of our decarbonisation strategy and our close collaboration with suppliers and other partners in our value chain. As part of our ongoing preparations to comply with the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), we improved our data collection processes, internal controls and calculation methodologies where necessary in 2025. These improvements have further strengthened the accuracy, auditability and robustness of our climate- related disclosures.
Material Impacts, Risks and Opportunities As part of the Double Materiality Assessment conducted by Schréder for CSRD reporting purposes, the following climate change-related Impacts, Risks and Opportunities (IROs) were identified as material across our value chain: 1. Climate change – physical risk: climate change represents a physical and financial risk that affects both our upstream value chain and our own operations. This could potentially impact suppliers, logistics and production sites. 2. Energy consumption – environmental impact: our energy consumption across the supply chain, operations and product usage partly relies on fossil energy sources, contributing to greenhouse gas emissions and climate change. 3. Efficient products and services – positive impact and opportunity: developing energy- efficient and smart lighting solutions has a positive impact on the climate and represents a financial opportunity in the downstream value chain. These solutions enable customers to reduce their energy consumption and related carbon emissions. Policies and Governance Schréder ensures strong governance of climate change through oversight by the Schréder Executive Leadership Team (SELT) and the Board of Directors . Our Environmental Policy clearly states that climate change mitigation must be integrated into our core operational processes. Meanwhile, our Sustainable Procurement Policy requires suppliers to implement actions aimed at reducing their own climate-related impacts.
Action Plan and Targets Scope 1 & 2 Emissions
In 2023, Schréder set a near-term science-based target to reduce its Scope 1 and 2 greenhouse gas emissions by 52.5% by 2030 compared to the 2019 baseline. This target is a core component of our climate transition strategy and is aligned with a 1.5°C pathway. Our decarbonisation roadmap for Scope 1 and 2 emissions comprises three main pillars: • Increasing the share of renewable electricity in our production facilities; • Reducing natural gas consumption through energy efficiency improvements (including more efficient painting lines); and • Progressively electrifying our global vehicle fleet . These measures, combined with operational factors, have reduced our combined Scope 1 and 2 emissions by 32% compared to our 2019 baseline. This puts us slightly ahead of our SBTi trajectory of 28%.
8K 7 376 Scope 1 + 2 emissions (tCO 2 e) Scope 1 & 2 Emissions (tCO 2 e)
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5 443
5 019
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SBTI Target 2030
13.2 Integrate climate change measures into national policies, strategies and planning.
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2020
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